FYI: Although the S&P 500 hit another all-time high this week, individual investors continue to get a little more cautious. According the weekly survey from the American Association of Individual Investors, bullish sentiment declined by over five percentage points, falling from 45.37% down to 39.8%. While this is the first sub-40 reading since the beginning of February, bullish sentiment remains above its bull market average of 38.8%. In other words, investors are less optimistic this week, but are still relatively optimistic.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/bullish-sentiment-drops-back-below-40/AAII Website:
http://www.aaii.com/sentimentsurvey